Factor2 Energy
Factor2 Energy is a German climate-tech company specializing in the development of CO₂-based geothermal power systems. By utilizing carbon dioxide as the primary working fluid, their innovative technology enhances access to moderate-temperature geothermal resources, achieving up to twice the power output compared to conventional systems. This approach eliminates the need for fracking, ultra-deep drilling, or water-intensive processes, offering a scalable solution for clean, baseload geothermal power generation while supporting permanent carbon storage.
Leadership & Board
Latest Estimated Valuation
- Estimated Valuation
- ―
- Total Amount Raised
- $9M
- Total Funding Rounds
- 1
- Latest Funding Amount
- $9M
- Latest Funding Round
- Seed Round
- Post-Money Valuation
- ―
Funding Round
| Funding Date | Funding Round | Amount Raised | Post-Money Valuation |
|---|---|---|---|
| Sep 19, 2025 | Seed Round | $9.10M | ― |
Investors
| Investor Name | Funding Round |
|---|---|
| At One Ventures | Seed Round |
| Verve Ventures | Seed Round |
| High-Tech Gründerfonds | Seed Round |
| Gründerfonds Ruhr | Seed Round |
| Siemens Energy Ventures | Seed Round |
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